Jean-Baptiste Fressoz

2024 was the hottest year on record [1], with global temperatures exceeding 1.5 °C above preindustrial climate conditions for the first time and records broken across large parts of Earth’s surface. Among the widespread impacts of exceptional heat, rising food prices are beginning to play a prominent role in public perception, now the second most frequently cited impact of climate change experienced globally, following only extreme heat itself [2]. Recent econometric analysis confirms that abnormally high temperatures directly cause higher food prices, as impacts on agricultural production [3] translate into supply shortages and food price inflation [4, 5]. These analyses track changes in overall price aggregates which are typically slow-moving, but specific food goods can also experience much stronger short-term price spikes in response to extreme heat.

Iran’s parliament approved a measure to close the vital global trade route, through which more than a fifth of the world’s oil supply passes through daily

Critical minerals, which are essential for a range of energy technologies and for the broader economy, have become a major focus in global policy and trade discussions. Price volatility, supply chain bottlenecks and geopolitical concerns make the regular monitoring of their supply and demand extremely vital.

De beste juristen van Nederland zijn as we speak aan het kijken hoe ze een 'asielcrisis' kunnen verzinnen. Nuttig. Tegelijk staat Centraal-Europa trouwens onder water.

Sharp declines in critical mineral prices mask risks of future supply strains as energy transitions advance - News from the International Energy Agency

Evidence shows a continuing increase in the frequency and severity of global heatwaves1,2, raising concerns about the future impacts of climate change and the associated socioeconomic costs3,4. Here we develop a disaster footprint analytical framework by integrating climate, epidemiological and hybrid input–output and computable general equilibrium global trade models to estimate the midcentury socioeconomic impacts of heat stress. We consider health costs related to heat exposure, the value of heat-induced labour productivity loss and indirect losses due to economic disruptions cascading through supply chains. Here we show that the global annual incremental gross domestic product loss increases exponentially from 0.03 ± 0.01 (SSP 245)–0.05 ± 0.03 (SSP 585) percentage points during 2030–2040 to 0.05 ± 0.01–0.15 ± 0.04 percentage points during 2050–2060. By 2060, the expected global economic losses reach a total of 0.6–4.6% with losses attributed to health loss (37–45%), labour productivity loss (18–37%) and i

A major New York Times investigation reveals how the United States’ aquifers are becoming severely depleted due to overuse in part from huge industrial farms and sprawling cities. The Times reports that Kansas corn yields are plummeting due to a lack of water, there is not enough water to support the construction of new homes in parts of Phoenix, Arizona, and rivers across the country are drying up as aquifers are being drained far faster than they are refilling.

The National Drought Group of the UK predicts that yields of some vegetable crops—carrots, onion, and potatoes—could be cut in half. The European Drought Observatory says that almost half of the bloc is drier than it has been since the Renaissance. China’s agricultural ministry has urged farmers to undertake emergency switches to different crops following a historic heatwave.

A coal-fired power plant that had been mothballed has become the first of its kind to be put back on to the network in Germany, as debate rages over how Europe’s largest economy will cope without Russian gas. The facility in Lower Saxony, which is owned by the Czech energy company EGH, has received emergency permission to run until April in an attempt to boost energy production.

An all-electric future depends heavily on copper, and looming supply shortfalls could hamper nations’ goals of reaching net-zero emissions by 2050, according to a new report from S&P Global. Unless significant new supply becomes available, climate goals will be “short-circuited and remain out of reach,” the report says.